Rheinmetall is currently trading around €1,071 after a brutal June that saw the stock crash nearly 23% in a single month. The main trigger was Germany's abrupt cancellation of the €12 billion F126 frigate program on June 24, which sent shares down 19% in one day alone. That's the big drop visible on the chart — it's a panic event driven by one contract loss, not a sign the business is broken.
The recovery has already started. The stock bounced 4–5% as bargain hunters stepped in, and on June 30 the company confirmed a new Ukraine artillery contract with production already running in Spain, scheduled for delivery in Q1 2027. The core defense business is very much alive.
From a fundamental standpoint, the setup looks attractive. 18 analysts currently rate the stock a Strong Buy with zero sell ratings, and the average price target sits at €1,765 — roughly 68% above where it trades today. The next earnings report on August 6 could be a major catalyst, with revenue expected to hit €3 billion for the quarter.
On the chart, the plan is to ride a recovery back to €1,464 as the first target, which would represent a full retracement of the panic drop, and then on to €1,942 where the stock was trading before everything fell apart. The key level to watch on the downside is €932 — that's the floor. If it breaks below there with conviction, the trade is invalidated.
Risk/reward at current levels is solid, but the August earnings report is the real test. A miss there could put pressure on that support zone quickly.
The recovery has already started. The stock bounced 4–5% as bargain hunters stepped in, and on June 30 the company confirmed a new Ukraine artillery contract with production already running in Spain, scheduled for delivery in Q1 2027. The core defense business is very much alive.
From a fundamental standpoint, the setup looks attractive. 18 analysts currently rate the stock a Strong Buy with zero sell ratings, and the average price target sits at €1,765 — roughly 68% above where it trades today. The next earnings report on August 6 could be a major catalyst, with revenue expected to hit €3 billion for the quarter.
On the chart, the plan is to ride a recovery back to €1,464 as the first target, which would represent a full retracement of the panic drop, and then on to €1,942 where the stock was trading before everything fell apart. The key level to watch on the downside is €932 — that's the floor. If it breaks below there with conviction, the trade is invalidated.
Risk/reward at current levels is solid, but the August earnings report is the real test. A miss there could put pressure on that support zone quickly.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.